CIS: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in CIS

The CIS aluminium hydroxide market reduced to $X in 2022, waning by X% against the previous year. The total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Aluminium Hydroxide Production in CIS

In value terms, aluminium hydroxide production dropped to $X in 2022 estimated in export price. Overall, production, however, posted a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Aluminium Hydroxide Exports

Exports in CIS

In 2022, aluminium hydroxide exports in the CIS fell to X tons, dropping by X% compared with the year before. In general, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, aluminium hydroxide exports dropped to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of aluminium hydroxide, namely Russia, represented more than two-thirds of total export.

Russia was also the fastest-growing in terms of the aluminium hydroxide exports, with a CAGR of X% from 2012 to 2022. While the share of Russia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest aluminium hydroxide supplier in the CIS.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, waning by X% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to X% per year.

Aluminium Hydroxide Imports

Imports in CIS

In 2022, imports of aluminium hydroxide in the CIS fell sharply to X tons, which is down by X% on 2021 figures. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium hydroxide imports fell modestly to $X in 2022. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) represented the major importer of aluminium hydroxide, making up X% of total imports. It was distantly followed by Belarus (X tons), committing a X% share of total imports. Kazakhstan (X tons) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to aluminium hydroxide imports into Russia stood at X%. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) illustrated a downward trend over the same period. While the share of Belarus (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported aluminium hydroxide in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Kazakhstan (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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